Artistic Milliners

Deputy General Manager - Finance

Location
Karachi (PK)
Salary
0
Posted
18 Oct 2024
Closes
18 Nov 2024
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant, Manager

Responsibilities:
Some of the responsibilities but are not limited to:

  • Lead the Finance and Accounts division, ensuring compliance with all financial regulations and standards.
  • Prepare and analyze financial reports, providing insights and recommendations to senior management.
  • Develop and implement financial policies and procedures to optimize efficiency and accuracy.
  • Manage accounts payable, accounts receivable, and cash flow, ensuring timely and accurate transactions.
  • Oversee budgeting, forecasting, and variance analysis processes, identifying areas for improvement and cost reduction.
  • Coordinate with auditors and regulatory authorities, addressing any inquiries or concerns in a timely manner.
  • Develop and mentor finance team members, fostering a culture of continuous learning and professional development.
  • Collaborate with other departments to support strategic initiatives and business growth.
  • Stay informed about industry trends and best practices, applying relevant knowledge to improve financial performance.
  • Lead special projects and initiatives as assigned by senior management.
  • Conduct financial risk assessments and develop strategies to mitigate potential risks.
  • Monitor and evaluate the performance of investments and financial assets, recommending adjustments as needed.
  • Manage relationships with banking institutions and other financial partners, negotiating favorable terms and conditions.
  • Lead the development and implementation of cost-saving initiatives and process improvements across the organization.
  • Provide guidance and support to department heads and project managers on financial matters, ensuring alignment with organizational goals and objectives.
  • Prepare and present financial presentations to the board of directors and other key stakeholders, providing updates on financial performance and strategic initiatives.
  • Ensure compliance with tax regulations and reporting requirements, collaborating with external tax advisors as needed.
  • Foster a culture of transparency, accountability, and ethical behavior within the Finance and Accounts division, promoting a positive work environment based on trust and integrity.

Requirements:

  • Professional certification such as ACCA, CMA, or CA.
  • Proven experience of 5 to 8 years in a senior finance role.
  • Strong understanding of financial controls such as reporting, budgeting, forecasting, and variance analysis.

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